CostByCity

Ann Arbor, MI vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 13.8 index points

Side-by-Side Comparison

CategoryAnn Arbor, MIWaterloo, IADifference
Overall100.987.1+13.8
Housing125.363.1+62.2
Goods93.793.7-0.0
Utilities98.283.7+14.5
Other Services99.692.9+6.6

Income & Housing Comparison

MetricAnn Arbor, MIWaterloo, IA
Median Household Income$84,245$66,732
Median Home Value$336,300$176,100
Median Monthly Rent$1,335$916
Per Capita Income$49,568$36,429

Frequently Asked Questions

Is Ann Arbor, MI or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 13.8 index points (Ann Arbor, MI: 100.9, Waterloo, IA: 87.1).
Where is housing cheaper, Ann Arbor, MI or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Ann Arbor, MI (125.3) vs Waterloo, IA (63.1).